Private Property Improvement Grant
Funding provided by the Moberly Downtown
Community Improvement District.
The purpose of the Private Property Improvement Incentive Program is to assist property owners with improvements to real property within the Downtown Moberly Community Improvement District. Priority focus will be on properties identified with health or safety issues identified through the City of Moberly’s Code Enforcement. Funds for this program are provided by the Moberly Downtown Community Improvement District.
The following guidelines govern the Private Property Improvement Grant Program. A committee of three persons, two from the Moberly Area Economic Development Corporation (MAEDC) and a City Code Enforcement official will be responsible for accepting, reviewing and approving applications submitted by downtown property owners.
A brief summary of the proposed renovation/rehabilitation project must be submitted with the application.
Applicants must adhere to applicable City of Moberly ordinances and code enforcement requirements set forth by the City.
Grants are provided to assist with building code violation remediation as well as other real property improvements within the Downtown Moberly Community Improvement District.
The reimbursement award may provide up to 50% of the total cost of approved projects for project expenditures totaling $10,000 or less or $5,000 for expenditures totaling over $10,000 for eligible expenditures for properties located within the Downtown Moberly Community Improvement District.
Approved applications will be monitored by MAEDC, with regular project progress reports to the CID Board and an annual report of all projects in December of each year.
Applicants must be current on all Randolph County real property tax payments for properties owned within the Downtown Moberly Community Improvement District to qualify for project reimbursement.
Approved applications must be in good standing with the City of Moberly utility billing.
After the application is approved and before reimbursement can be made, documentation of the paid project expenses must be provided in the form of paid invoices and copies of checks rendered for payment or credit card receipts and credit card statements showing payment has been made.
Contractors must provide waiver of liens for all work completed prior to reimbursement being made..
Applications will be scored utilizing the accompanying rubric.
Moberly Area Economic Development Corporation
115 N. Williams St.
Moberly, MO 65270